As of 09:38 EST, semiconductor-related stocks in the US market were mostly trading higher in the early session, with the following key movers:
$Intel Corporation INTC$ rose over 3.4%
$NVIDIA Corporation NVDA$ gained around 2.7%
$Advanced Micro Devices, Inc. AMD$ climbed more than 2.4%
$Lam Research Corporation LRCX$ increased about 1.9%
$Micron Technology, Inc. MU$ rose over 1.3%
$VanEck Vectors Semiconductor ETF SMH$ advanced over 1%
$Arm Holdings Ltd. ARM$ gained more than 1%
$Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR TSM$ increased over 0.8%
However, not all semiconductor stocks were below the flatline, with some seeing declines, including Qualcomm ($QUALCOMM Incorporated QCOM$), STMicroelectronics ($STMicroelectronics NV ADR RegS STM$), Marvell ($Marvell Technology Group Ltd. MRVL$), and ON Semiconductor ($ON Semiconductor Corporation ON$).
Disclaimer:
The content is provided as general information only and should not be taken as investment advice. All the contents shall not be taken as a recommendation to buy or sell any security or financial instruments. Any action you take resulting from information, analysis, or commentary on this article is your responsibility. Please consult your investment advisor before making any investments.
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